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August Corn & Soybean Outlook Update

Recorded August 13 | Purdue ag economists review USDA’s August Crop Production and World Agricultural Supply and Demand Estimates (WASDE) reports.

As producer sentiment holds steady, farmers weigh in on rising input prices and farmland values

On the heels of a sharp two-month decline, the Agricultural Economy Barometer stabilized at a reading of 134 in July, just 3 points below a month earlier. This month’s sentiment index was the weakest barometer reading since July of 2020

Indiana Farmland Prices Hit New Record High in 2021

It is safe to say that the last year was unlike any other in recent memory. The COVID-19 pandemic caused significant disruption to our lives and the global economy. Surprisingly, many of the current economic forces put upward pressure on farmland prices.

International Benchmarks for Wheat Production (2021)

This paper examines the competitiveness of wheat production for important international wheat production regions using 2015 to 2019 data from the agri benchmark network. 

July Corn & Soybean Outlook Update

Recorded July 14 | Purdue ag economists review USDA’s July Crop Production and World Agricultural Supply and Demand Estimates (WASDE) reports.

Ag Economy Barometer falls for second month; rising input costs causing concern for farmers

For the second month in a row, the Ag Economy Barometer declined sharply, falling to a reading of 137, which was 21 points below a month earlier, and the weakest ag producer sentiment reading since July 2020. Producers in June

USDA Acreage Report & June 30th Outlook Update

According to today’s (June 30) released numbers by USDA’s National Agricultural Statistics Service (NASS), the acreage estimate came in on the low end of expectations.  Purdue ag economists James Mintert, Nathanael Thompson, and Michael Langemeier provide a discussion of the implications for corn and soybean markets following USDA’s release of the June Acreage report.

International Benchmarks for Soybean Production (2021)

This paper examined yield, gross revenue, and cost for farms in the agri benchmark network from Argentina, Brazil, Russia, the Ukraine, and the United States with soybean enterprise data.  Yield, gross revenue, and cost were substantially higher for the U.S. farms. 

Opportunities and Challenges Associated with “Carbon Farming” for U.S. Row-Crop Producers

Alternatives for addressing climate change are varied (McKinsey and Company, 2009). Here we specifically discuss one such alternative that is receiving increasing attention: sequestering carbon in agricultural soils.1 The soil carbon pool plays an important role in the global carbon cycle. However, the expansion of agriculture and modern agricultural practices have contributed to the release of soil carbon into the atmosphere.

Carbon Markets for U.S. Row Crop Producers: Opportunities and Challenges

Recorded June 24 | Purdue ag economists Carson Reeling, Nathanael Thompson and James Mintert discussed the opportunities and challenges of the carbon markets for row crop producers.

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